3323 Oakes Avenue #1-12, Everett, WA 98201
Local realty services provided by:Better Homes and Gardens Real Estate Gary Mann Realty



Listed by:donna marshall
Office:skyline properties, inc.
MLS#:2407341
Source:NWMLS
Price summary
- Price:$2,200,000
- Price per sq. ft.:$239.13
About this home
Built in 1980, Royal Oakes offers an investment opportunity with both immediate cash flow and potential upside through unit renovations. The current4.7% cap rate should stabilize near the 5% range as rents are increased in 2026, basic renovations could allow for a cap rate above 8%. Versatile unit mix of six 2-bedroom/1-bath apartments, two 2-bedroom/2-bath units,and four 1-bedroom/1-bath units, Most with in unit Laundry. Recent upgrades include two roofs replaced five years ago.Amenities including secure building access, private decks, professional landscaping, an elevator for easy accessibility, and two ADA-compliant units.14 garage parking stalls, additional guest parking, ample off-street parking, and two coin-operated laundry rooms.
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Home facts
- Year built:1980
- Listing Id #:2407341
- Updated:August 09, 2025 at 03:17 PM
Rooms and interior
- Living area:9,200 sq. ft.
Heating and cooling
- Heating:Baseboard, Radiant
Structure and exterior
- Roof:Flat Roof
- Year built:1980
- Building area:9,200 sq. ft.
- Lot area:0.28 Acres
Schools
- High school:Everett High
- Middle school:North Mid
- Elementary school:Buyer To Verify
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$2,200,000
- Price per sq. ft.:$239.13
- Tax amount:$19,178 (2025)
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